Other Options

Cash, cheque or demand draft payments are accepted between 9.30 am to 4.30 pm from Monday- Friday and between 9.30 am to 12.00 pm on Saturday. Branches are closed on Sundays, national holidays and region- specific holidays.

Instructions

Cheque

Cheques/ Demand Drafts must be drawn in favour of HDFC Life Policy No. XXXXXXXX. Please also mention your name, contact number and email ID on the reverse side of the cheque/DD to help us contact you if required.

Kindly submit the Declaration of Relationship for Third Party Payment in case the premium is paid by a person other than the Policy Owner (Third party relations). Acceptable third party relationships include grandparents, parents, siblings, spouse and children. Also if the payer is an NPO (Non Profit organisation) like an NGO/charitable trust, the relevant portion of the Third party declaration needs to be filled. Click here to download the KYC form.

For premium payment above 1,00,000, a copy of the identity and residence proof of the payer needs to be submitted.

For cheque/ Demand Drafts payments equal to and above 50,000/-, kindly submit a copy of your PAN card. In case you have already submitted the same and there is no change in the details, kindly quote the same on the reverse side of the cheque (The provisions of the Income tax Act, 1961, casts an obligation of quoting the PAN on the person entering into the transactions for payment of life insurance premium aggregating to 50,000 or more in a year). In the absence of PAN details, please provide Form 60/61 (as applicable).

Cash

For renewal, revival or top up transactions, cash acceptance limit is 50,000 per customer in a financial year.

If the cash amount to be deposited exceeds 15,000 and the cash is deposited by a person other than the Life Assured or Policyholder, then the depositor needs to obtain an Authority Letter from the Life Assured or Policy Owner and submit the same while depositing cash. Click here to download the Cash authority letter format.

You can drop cheques and demand drafts drawn in favour of HDFC Life Policy No. XXXXXXXX into any of our drop boxes installed at various locations in various cities.

Instructions

Cheques/ Demand Drafts must be drawn in favour of HDFC Life Policy No. XXXXXXXX. Please mention your name, contact number and email ID on the reverse side of the cheque/DD to help us contact you if required.

Kindly submit the Declaration of Relationship for Third Party Payment in case the premium is paid by a person other than the Policy Owner (Third party relations). Acceptable third party relationships include grandparents, parents, siblings, spouse and children. Also if the payer is a NPO (Non Profit organisation) like an NGO/charitable trust the relevant portion of the Third party declaration needs to be filled Click here to download the KYC form.

For premium payment above 1,00,000, a copy of the identity and residence proof of the payer needs to be submitted.

For cheque/ Demand Drafts payments equal to and above 50,000/-, kindly submit a copy of your PAN card. In case you have already submitted the same and there is no change in the details, kindly quote the same on the reverse side of the cheque (The provisions of the Income tax Act, 1961, casts an obligation of quoting the PAN on the person entering into the transactions for payment of life insurance premium aggregating to 50,000 or more in a year). In the absence of PAN details, please provide Form 60/61 (as applicable).

Instructions

Cheques/ Demand Drafts must be drawn in favour of HDFC Life Policy No. XXXXXXXX. Please also mention your name, contact number and email ID on the reverse side of the cheque/DD to help us contact you if required.

Post-dated cheques will not be accepted.

Please do not make any changes or corrections on the cheque. For any modification required kindly issue a fresh cheque.

Note

For unit linked plans, the NAV applicable will be determined by the date and time when HDFC Life receives the payment subject to the cut- off rules followed by HDFC Life in accordance with IRDAI. The current cut- off timing for same day’s NAV is 3pm IST.

Instructions

Cheques/ Demand Drafts must be drawn in favour of HDFC Life Policy No. XXXXXXXX. Please also mention your name, contact number and email ID on the reverse side of the cheque/DD to help us contact you if required.

Post-dated cheques will not be accepted.

Please do not make any changes or corrections on the cheque. For any modification required kindly issue a fresh cheque.

Notes

For unit linked plans, the NAV applicable will be determined by the date and time when HDFC Life receives the payment subject to the cut- off rules followed by HDFC Life in accordance with IRDAI. The current cut- off timing for same day’s NAV is 3pm IST.

Call us on our help line number 18602679999 (Local charges apply. Do not prefix any country code. E.g. +91 or 00. The call centre is open all 7 days from 9 am to 9pm IST)

Choose your preferred language - English or Hindi

Follow the instructions

Pay through your VISA, Master or Diners credit card

A transaction ID will be provided upon successful payment.

NOTE

For unit linked plans (ULIP), the NAV applicable will be determined by the date and time when HDFC Life receives the payment subject to the cut-off rules followed by HDFC Life, in accordance with IRDAI. The current cut-off timing for same day’s NAV is 3 pm IST.

The facility is for ‘In Force’ policies only.

As per RBI guidelines via circular dated circular RBI/2009-2010/420, DPSS No. 2303/ 02.14.003/ 2009-2010 dated April 23, 2010, all Credit or Debit Card transactions over IVR would be authenticated using a unique password effective 1st January 2011. For information on how to procure or obtain this unique password, please contact your credit or debit card issuing bank.

Send cheques or demand drafts to any HDFC Life branch through post or courier.

Cheque or demand draft payments are accepted between 9.30 am to 4.30 pm from Monday- Friday and between 9.30 am to 12.00 pm on Saturday. Branches are closed on Sundays, national holidays and region- specific holidays.

Instructions

Cheque

Cheques/ Demand Drafts must be drawn in favour of HDFC Life Policy No. XXXXXXXX. Please also mention your name, contact number and email ID on the reverse side of the cheque/DD to help us contact you if required.

Kindly submit the Declaration of Relationship for Third Party Payment in case the premium is paid by a person other than the Policy Owner (Third party relations). Acceptable third party relationships include grandparents, parents, siblings, spouse and children. Also if the payer is an NPO (Non Profit organisation) like an NGO/charitable trust, the relevant portion of the Third party declaration needs to be filled. Click here to download the KYC form.

For premium payment above 1,00,000, a copy of the identity and residence proof of the payer needs to be submitted.

For cheque/ Demand Drafts payments equal to and above 50,000/-, kindly submit a copy of your PAN card In case you have already submitted the same and there is no change in the details, kindly quote the same on the reverse side of the cheque (The provisions of the Income tax Act, 1961, casts an obligation of quoting the PAN on the person entering into the transactions for payment of life insurance premium aggregating to 50,000 or more in a year). In the absence of PAN details, please provide Form 60/61 (as applicable).

Note

As per RBI guidelines, non- MICR cheques may not be acceptable at a few locations.

For unit linked plans, the NAV applicable will be determined by the date and time when HDFC Life receives the payment subject to the cut- off rules followed by HDFC Life in accordance with IRDAI. The current cut- off timing for same day’s NAV is 3pm IST.

Note

For unit linked plans, the NAV applicable will be determined by the date and time when HDFC Life receives the payment subject to the cut- off rules followed by HDFC Life in accordance with IRDAI. The current cut- off timing for same day’s NAV is 3pm IST.

Note

For unit linked plans, the NAV applicable will be determined by the date and time when HDFC Life receives the payment subject to the cut- off rules followed by HDFC Life in accordance with IRDAI. The current cut- off timing for the same day’s NAV is 3pm IST.

Note

For unit linked plans, the NAV applicable will be determined by the date and time when HDFC Life receives the payment subject to the cut-off rules followed by HDFC Life in accordance with IRDAI. The current cut-off timing for the same day’s NAV is 3 p.m. IST.

Subject to provisions of the Income Tax Act, 1961.

Linked insurance products are different from the traditional insurance products and are subject to the risk factors.

The premium paid in Linked Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions.

Please know the associated risks and the applicable charges from your Insurance agent, Intermediary or policy document issued by the Insurance Company.

Note

For unit linked plans, the NAV applicable will be determined by the date and time when HDFC Life receives the payment subject to the cut-off rules followed by HDFC Life in accordance with IRDAI. The current cut-off timing for the same day’s NAV is 3 p.m. IST.

Subject to provisions of the Income Tax Act, 1961.

Linked insurance products are different from the traditional insurance products and are subject to the risk factors.

The premium paid in Linked Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions.

Please know the associated risks and the applicable charges from your Insurance agent, Intermediary or policy document issued by the Insurance Company.

You can pay premiums for “In Force” (active) policies only, before the premium due date.

Please ensure that the amount paid by you is exactly as mentioned in your Renewal Premium Notice or Premium Reminder.

Once the payment is successful, the premium receipt will be sent to your communication address or email ID registered in our records.

NOTE

For unit linked plans, the Net Asset Value (NAV) applicable will be determined by the date and time when the payment is received, subject to the cut-off rules followed in accordance with IRDAI. The current cut-off timing for the same day's NAV is 3pm IST.

No extra charges will be payable by you.

Disclaimer - Kindly ensure that there is NO third party payment made through NEFT, E-Collect or eCMS except for the permissible third party relationships which include Spouse, Parents, Children, Grandparents and Siblings.

Note

For unit linked plans, the NAV applicable will be determined by the date and time when HDFC Life receives the payment subject to the cut- off rules followed by HDFC Life, in accordance with IRDAI. The current cut- off timing for same day's NAV is 3pm IST.

ECS is an automated facility which debits the premium from the bank account specified by you, on the premium due date.

To avail of this facility, please submit the Auto Debit Mandate along with a cancelled cheque (which helps us record your bank’s MICR code- see image) at any HDFC Life branch or hand it over to your Financial Consultant.

Note

For unit linked plans, the NAV applicable will be determined by the date and time when HDFC Life receives the payment subject to the cut- off rules followed by HDFC Life in accordance with IRDAI. The current cut- off timing for same day’s NAV is 3pm IST.

Note

For unit linked plans, the NAV applicable will be determined by the date and time when HDFC Life receives the payment subject to the cut- off rules followed by HDFC Life in accordance with IRDAI. The current cut- off timing for same day’s NAV is 3pm IST.

The Direct Debit option is currently available with ICICI Bank, Axis Bank, Union Bank of India, Bank of Baroda, Citibank and SBI.

Direct Debit allows you to pay premiums through the auto debit facility available with these 6 banks for all the non- ECS locations. Simply submit the mandate selecting Direct Debit (non- ECS location-select banks only) option along with a mandatory cancelled cheque.

Note

For unit linked plans, the NAV applicable will be determined by the date and time when HDFC Life receives the payment, subject to the cut- off rules followed by HDFC Life, in accordance with IRDAI. The current cut- off timing for same day’s NAV is 3pm IST.

HDFC Life (HDFC Standard Life Insurance Company) is one of the leading private life insurance companies in India offering various insurance policies that best suits your need. Our vision is to provide innovative and customer-centric
insurance plans that can help our customers secure their family's future as well as help them with other benefits such as tax savings. Keeping this in mind we offer a large range of life insurance plans such as
term insurance plan,
women's plan,
health insurance plans,
pension plans for retirement planning,
child education plans,
ULIPs,
saving and investment plans.
Most of these life insurance policies are available online, so buy one today and Sar Utha Ke
Jiyo!
Corporate Office & Registered Address: HDFC Standard Life Insurance Company Ltd.Lodha Excelus, 13th Floor Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai – 400011, Maharashtra, India.Telephone–(022)67516666

Disclaimer: For more details on risk factors, terms and conditions and exclusion please read the product brochure before conclusion of sale.
^Local charges apply

Insurance is the subject matter of the solicitation. For more details on risk factors, associated terms and conditions and exclusions please read the product brochure before concluding a sale. HDFC Standard Life Insurance Company Limited. IRDAI Registration No 101, granted on 23rd October, 2000 by IRDAI.
ARN: MC/08/2013/3534